Senior Risk Manager, Participant Audit

Capital One • McLean, IL

2d • Hybrid

About The Position

The Senior Risk Manager, Participant Audit leads onsite audits and business reviews to ensure GPN participants meet contractual obligations, operating regulations, and internal risk standards. The role acts as a strategic partner and risk advisor, defining audit scope, overseeing fieldwork, identifying key risk drivers, and collaborating with business leaders to ratify findings, monitor remediation, and establish operational controls.

At Capital One, Senior Risk Managers in Internal Audit work across lines of business and with executives to develop and implement solutions to identify and mitigate potential risks. The position requires strong project management and communication skills. It is designated as hybrid, subject to Capital One’s policy on required onsite presence at the designated office location.

Requirements

• Bachelor’s degree or military experience.
• At least 2 years of experience in payments, financial services, banking, or a related field.
• At least 3 years of experience in audit, regulatory compliance, risk management, or a related field.
• At least 5 years of experience supporting, partnering with, and interacting with internal business clients.

Nice To Haves

• Certified Public Accountant credential or Certified Anti-Money Laundering Specialist credential.
• At least 5 years of experience in payments, financial services, banking, or a related field.
• At least 5 years of experience in audit, regulatory compliance, risk management, or a related field.
• Ability to set direction, manage expectations, and lead cross-functional teams.

Responsibilities

• Lead audit planning and collaborate with business stakeholders to align audit scope with internal risk assessments and organizational priorities.
• Oversee fieldwork to ensure it follows the defined audit scope, identify risks, and ensure corrective action plans are developed and communicated to participant leadership.
• Prepare comprehensive audit reports, propose findings and ratings for management ratification, and issue final reports within prescribed timelines.
• Compile and complete audit work papers to rigorous standards and oversee remediation of assigned corrective actions.
• Manage audit schedules, unit metrics, policy and procedure revisions, regulatory response reporting, and control compliance assessments.

Benefits

• Comprehensive health, financial, and other benefits supporting total well-being.
• Eligibility for performance-based incentive compensation, which may include cash bonuses and/or long-term incentives.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior